Seller's Contact Information
- RE: Mens Hair Franchise In South Houston - Absentee
- Contact: Ron Hankamer
Business Overview:
Won't last long at this price! This brand has grown to over 1800 locations in North America and was the first hair cutting franchise focused on men and boys to establish a footprint in all 50 states. However, territories are sold out in the Houston area due to high demand. The location for sale is in a high traffic area with strong demographics and a captive market.
Per owner's P&L, sales were $293,000 in 2024 with $64,000 in adjusted EBITDA for an absentee owner or $98,003 in discretionary earnings for an owner operator. Included in the sale are $110,000 in FF&E and $165,000 in Leasehold Improvements. There are also 6 employees including 1 manager. The monthly rent is $3,005. The owner will provide 2 weeks of training to ensure a smooth transition. Franchisor training is also required.
The current owner spends about 5 hours per week supervising this business due to other business interests. As such, this business will need some attention in order to get sales back on track.
Reason for Selling:
Partners want to sell. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
Opportunity Update!
Exciting update: Mens Hair Franchise In South Houston - Absentee has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!
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